Forestry

Why Is Forestry Insurance Necessary?

Plantation estates are exposed to a variety of risks and perils. A loss of trees will almost certainly impact your income statement in the year the loss is incurred, as well as in future years. In addition the reduction in tree area will impact your balance sheet going forward.

What Can Be Covered?

Forestry insurance generally covers the destruction of trees as a direct consequence of Fire, Hail, Malicious Acts, Impact, Earthquake and as an option, Windstorm. The policies provide a variety of Additional Benefits including:

Replanting Costs

Fire Fighting and Mitigation Expenses

Removal of Debris

Plantation Infrastructure

Claims Preparation Costs.

Appropriate For:

Small, medium and large plantation estates from family owned to corporate agribusiness.